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Constantine Announces $2.25 Million Guaranteed Agency Financing
Mar. 07, 2011 07:29AM PST
Gold InvestingConstantine Metal Resources Ltd (CVE:CEM) reports a $2.25 million guaranteed agency financing with Primary Capital Inc.
The press release is quoted as saying:
The Company will pay the Agent an aggregate cash commission equal to 6% of the gross proceeds raised in respect of the Flow-Through Offering, and issue an aggregate number of non-transferrable broker warrants to the Agent to acquire that number of common shares that is equal to 6% of the Flow-Through Shares sold at an exercise price of $0.30 per share for a period of 24 months from the date of closing.
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